What is 123Net?
123Net is a prominent Internet Service Provider (ISP) based in Michigan, established in 1995. The company specializes in delivering comprehensive data center, network, and voice services tailored for businesses. As a telephone, Internet, and colocation provider headquartered in Southfield, Michigan, 123Net is dedicated to equipping its clients with industry-leading infrastructure solutions. Their focus on enterprise-grade services positions them as a key player in the telecommunications and data infrastructure sector.
How much funding has 123Net raised?
123Net has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in 123Net
PPP
Public-Private Partnership
What's next for 123Net?
The recent major strategic investment in 123Net signals a pivotal moment for the company's expansion and service enhancement. This capital infusion is expected to fuel further development of their data center capabilities, network infrastructure, and voice services, reinforcing their competitive edge in the ISP market. The company is poised to leverage this backing to deepen its market penetration and potentially explore new technological advancements in connectivity and cloud services, solidifying its role as a vital provider for enterprise clients.
See full 123Net company page
